On Monday Feb 1 at the open, all 10 open positions in RTS 20090326 Long Portfolio will be closed and the following 10 new short positions for RTS 20100201 Short Portfolio will be opened:
STEC KGC STP QCOM JCP WFT STLD GG AIG MS
Chart below shows a trend line support at SPX 105X and 200 D-SMA support at SPX 101X. I think Market is oversold and due for a rebound. Then we very likely revisit SPX 1000. Beyond that who the heck knows.
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice. Furthermore, the opinions expressed may change without notice.
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